Raymond James Has Pessimistic View of TSE:BEI Q1 Earnings

Boardwalk Real Estate Investment Trust (TSE:BEI) – Investment analysts at Raymond James dropped their Q1 2025 earnings per share estimates for shares of Boardwalk Real Estate Investment Trust in a research report issued to clients and investors on Wednesday, April 23rd. Raymond James analyst B. Sturges now forecasts that the company will post earnings of $1.00 per share for the quarter, down from their prior forecast of $1.01. Raymond James also issued estimates for Boardwalk Real Estate Investment Trust’s Q3 2026 earnings at $1.26 EPS.

Separately, National Bank Financial downgraded Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research note on Sunday, April 13th.

Boardwalk Real Estate Investment Trust Stock Performance

Boardwalk Real Estate Investment Trust has a 52-week low of C$37.96 and a 52-week high of C$49.75.

About Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.